Green party would introduce 60% tax rate

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The Green party has announced it will push to increase the top rate of tax to 60p in the pound if it gains influence in the General Election.

Party leader Natalie Bennett claimed the move would bring in an extra £2bn a year for public services. The top rate of tax is paid on incomes over £150,000 a year and currently stands at 45p, after it was cut from 50p by the coalition. Bennett told the BBC: "There's been an undue focus on the deficit and less thought and consideration on the kind of society we need to have. "We're not collecting tax from multinational companies and wealthy individuals that could be paying for the essential public services, and we're seeing so many people in our society struggling." She added tha...

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